JPMorgan Chase & Co. Sells 9,499 Shares of Vanguard Financials ETF $VFH

JPMorgan Chase & Co. lowered its stake in Vanguard Financials ETF (NYSEARCA:VFH) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 528,367 shares of the company’s stock after selling 9,499 shares during the period. JPMorgan Chase & Co. owned 0.53% of Vanguard Financials ETF worth $69,343,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VFH. Koshinski Asset Management Inc. boosted its holdings in Vanguard Financials ETF by 1.8% in the third quarter. Koshinski Asset Management Inc. now owns 4,880 shares of the company’s stock worth $640,000 after acquiring an additional 86 shares in the last quarter. Alteri Wealth LLC increased its holdings in shares of Vanguard Financials ETF by 4.8% during the third quarter. Alteri Wealth LLC now owns 1,888 shares of the company’s stock valued at $248,000 after acquiring an additional 87 shares in the last quarter. Flagship Harbor Advisors LLC increased its holdings in shares of Vanguard Financials ETF by 1.5% during the third quarter. Flagship Harbor Advisors LLC now owns 6,193 shares of the company’s stock valued at $813,000 after acquiring an additional 89 shares in the last quarter. Family Capital Management Inc. raised its position in shares of Vanguard Financials ETF by 2.0% in the 3rd quarter. Family Capital Management Inc. now owns 4,500 shares of the company’s stock worth $591,000 after purchasing an additional 90 shares during the last quarter. Finally, Ascent Group LLC raised its position in shares of Vanguard Financials ETF by 1.3% in the 3rd quarter. Ascent Group LLC now owns 7,397 shares of the company’s stock worth $971,000 after purchasing an additional 95 shares during the last quarter. Institutional investors own 61.65% of the company’s stock.

Vanguard Financials ETF Price Performance

Shares of Vanguard Financials ETF stock opened at $119.34 on Thursday. Vanguard Financials ETF has a 1 year low of $100.87 and a 1 year high of $137.89. The firm’s 50-day moving average is $128.35 and its 200 day moving average is $129.83. The stock has a market cap of $11.98 billion, a price-to-earnings ratio of 17.56 and a beta of 1.02.

Vanguard Financials ETF Company Profile

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).